Rupee slips further against dollar, touches 20.25 vs dirham

Rupee slips further against dollar, touches 20.25 vs dirham

Indian rupee slips against dollar, touches 20.25 vs UAE dirham on coronavirus scare. Sensex plunges over 1,700 points, Nifty below 10,000.. The rupee dropped by 82 paise to hit 74.50 against the dollar in early trade on Thursday, amid sharp losses in global markets after the US imposed a temporary ban on travel from Europe to fight the coronavirus pandemic.. Against the UAE dirham, the rupee was trading at 20.20 at 7:45am (UAE time), according to XE.com .. Domestic stock markets nosedived to a 30-month low as the benchmark index Nifty 50 slid below the 10,000 mark tracking global markets.. The BSE Sensex plummeted over 1,700 points on Thursday tracking similar cues in the global markets after the World Health Organization (WHO) declared coronavirus as a global pandemic.. All Asian indices also were trading in the red.. WHO declared the disease a pandemic on Wednesday following which the Dow Jones Industrial Average also slumped significantly.. At 9.27am, the Sensex was trading at 33,943.02, lower by 1754.38 or 4.91 per cent from its previous close of 35,697.40It opened at the intra-day high of 34,472.50 and has so far touched a low of 33,876.13 points.. The Nifty50 on